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https://en.wikipedia.org/wiki/Johnstown_Flood https://en.wikipedia.org/wiki/Johnstown_Flood

• Danihan 9y ago
  And so now we have strict liability law. Considering that, I don't believe this case, really justifies your (apparent) paranoia against the free market.
  • kafkaesq 9y ago
    It isn't paranoia when the entire history of the "free market" demonstrates that... (not all, but a far to high proportion of) these entities pretty much will screw over everyone and everything they can, in exchange an extra buck or too -- unless very rigorously constrained from doing otherwise. Or that is to say, "regulated".
    • Danihan 9y ago
      THAT'S why there are so few issues in the heavily government controlled sectors of the economy, like health care, public education and drug policy. /s
      • kafkaesq 9y ago
        There's plenty of issues, of course. Which again, is why I referred to it as the "lesser of nightmares".